You believe nuclear energy sector is about to become extremely profitable.You buy a call on a nuclear stock with strike $55 expiring Jan 2022 for $5. In Jan, the market price of the nuclear stock is $52. Do you exercise and what is your net gain/loss?(Stock option is for 100 shares)

Group of answer choices

no, -$1200

no, -$500

yes, $700

yes, $200